Capacity Reverse Osmosis Systems News

Parker Agrees to Acquire Sea Recovery from Danfoss A/S to Strengthen Its Position in Seawater Desalination for Marine Applications. Parker Hannifin Corporation (NYSE: PH), the global leader in motion and control technologies, today announced that it has signed an agreement to acquire Sea Recovery, headquartered in Compton, CA from Danfoss A/S. Parker will assume ownership of the acquired business on November 1 st, 2012. Sea Recovery is a manufacturer of small to high capacity reverse osmosis systems for sea water desalination used primarily in commercial and pleasure marine applications. Terms of the transaction were not disclosed. Sea Recovery had sales of approximately $26 million for the last twelve months ending August 31 st and 70 employees…